Gas to Liquid Market

Company Headquarters: The Hague, The Netherlands Founded: 1907 Workforce: 82,000 Company Working: Royal Dutch Shell (Royal Dutch) is an international energy company operating through three business segments, namely integrated gas, upstream, and downstream. The integrated gas segment manages the liquefied natural gas (LNG) activities and the production of gas-to-liquids fuels and other products. The upstream segment is engaged in the exploration and extraction of crude oil, natural gas, and natural gas liquids, while the downstream segments manages different oil products and chemicals activities, which is a part of an integrated value chain that trades and refines crude oil and other feedstocks into a range of products which are moved and marketed around the world for domestic, industrial, and transport use. The downstream segment also manages oil sands activities. The company’s product portfolio includes gasoline, diesel, heating oil, aviation fuel, marine fuel, biofuel, lubricants, bitumen, and sulfur. Additionally, it also produces and sells petrochemicals worldwide. It has operations in more than 70 countries across the globe. It has interests in 21 refineries worldwide with the capacity to process a total of 2.8 million barrels of crude oil per day. It provides refrigeration oil for the marine industry under its marine lubricants product profile. It operates four base oil manufacturing plants, 31 lubricant blending plants, nine grease plants, and three gas-to-liquid base oil storage hubs. It has total 10,325 patents, including granted and pending. Its main technology centers are located in India, the Netherlands, and the US, with other centers in Brazil, China, Germany, Oman, and Qatar. It held assets worth USD 399,194 million in 2018.

Velocys Plc is engaged in designing and developing technology for the production of synthetic oil from both conventional fossil fuels and renewable sources, such as bio-waste. It also offers gas-to-liquids solutions. It was formerly known as Oxford Catalysts Group PLC, which was changed to Velocys Plc., in September 2013. The company primarily deals in synthetic fuels. The synthetic fuels segment represents over 90% of the business, and the remaining 10% does not constitute a segment and is related to other end markets. The company operates in Houston, Texas, Oxford, UK, and Columbus, Ohio. Velocys, Inc., Oxford Catalysts Limited, and Velocys Project Solutions, LLC, are some of the subsidiaries of the company. The company operates across the Americas and Asia-Pacific.

Sasol Limited consists of a group of companies focused on integrated energy and chemicals. It specializes in chemical and fuel components, such as petrochemicals, liquid and gaseous fuels, synthetic fuels, and lubricants. The company operates through two business segments, namely, mining and exploration and production international. The exploration and production international segment is engaged in developing and managing the company's upstream interests in oil and gas exploration and production activities. The company generates most of the revenue from South Africa and also conducts operations in Asia, Europe, and the Americas. Sasol Chemicals (USA) LLC, Sasol Germany GmbH, Sasol Chevron Holdings Limited are some of the subsidiaries of the company. Royal Dutch Shell Plc. and Chevron Corporation are key competitors of the company. The company’s GTL process represents a compelling value proposition, offering authorities in countries the opportunity to utilize their gas reserves better by producing liquid fuels and chemicals. Recently, the company introduced the Chevron brand in Mexico. Through its subsidiary Chevron Combustibles de Mexico, Sasol Limited plans to work with local partners to participate in the importation, distribution, and commercialization of refined products in the country.

The petroleum, oil and gas corporation of South Africa (Pty) Limited (PetroSA) is a national oil company that is engaged in exploring and producing oil and gas products. It was formed upon the merger of mossgas (Pty) limited, Soekor (Pty) Limited, and parts of the strategic fuel fund association. The company has the largest gas-to-liquid (GTL) refineries in Mossel Bay, South Africa. It is engaged in the exploration and production of oil and natural gas resources, regionally and internationally. The company offers natural gas, crude oil, petrochemicals, and other oil products and serves customers throughout South Africa. PetroSA Ghana Limited is a major subsidiary of the company. Royal Dutch Shell plc. and Chevron Corporation are key competitors of the company.

Chevron Corporation is engaged in providing administrative, financial management, and technology support for energy and chemical operations. It operates through the upstream and downstream business segments. The upstream segment comprises the exploration, development, and production of crude oil and natural gas. The upstream segment also covers the processing, transporting, storage, and marketing of natural gas. The downstream segment covers the refining of crude oil into petroleum products, marketing of crude oil and refined products, and transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. It also includes the manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. Chevron operates in some of the world’s leading natural gas basins and uses the GTL technology to develop natural gas as a resource. Chevron Corporation provides pipeline services through its subsidiary, Chevron Pipeline Company. It conducts business all around the globe, including countries such as Argentina, Australia, Brazil, Canada, China, Indonesia, Iraq, the Netherlands, the US, the UK, and South Korea. Texaco, Inc., Chevron Phillips Chemical, Chevron Oronite SA, PT Chevron Pacific Indonesia, and GS Caltex are some of the subsidiaries of the company.

CompactGTL is a GTL specialist company that is focused on technology development and commercialisation of the upstream oil & gas sector operations. The company’s solution has been specifically designed to solve the associated gas problems of oilfields in remote or deep-water environments. CompactGTL technology was originally developed within Accentus plc. Its proprietary technology solution enables the conversion of gas into synthetic crude oil, or syncrude. CompactGTL has a unique patent protected and tested process utilising a 2 stage FT process, which significantly increases catalyst life and reduces operating costs. CompactGTL has established the capabilities and capacity to supply multiple projects worldwide. The company’s training centre in Wilton, Teesside provides a facility for the on-going demonstration of the CompactGTL process in the UK. It also has a representative office in Brazil.